Burberry Group plc (OTCMKTS:BURBY) Short Interest Update

Burberry Group plc (OTCMKTS:BURBY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 61,000 shares, an increase of 13.8% from the December 15th total of 53,600 shares. Based on an average daily trading volume, of 143,400 shares, the short-interest ratio is currently 0.4 days.

Burberry Group Stock Down 1.2 %

OTCMKTS:BURBY opened at $12.09 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.77. The firm has a 50-day moving average of $11.65 and a two-hundred day moving average of $10.12. Burberry Group has a 1-year low of $7.38 and a 1-year high of $17.43.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. UBS Group upgraded Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Sanford C. Bernstein upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 30th. Jefferies Financial Group downgraded Burberry Group from a “hold” rating to an “underperform” rating in a report on Friday, September 20th. Citigroup upgraded Burberry Group to a “hold” rating in a report on Tuesday, October 1st. Finally, Royal Bank of Canada upgraded Burberry Group from a “sector perform” rating to an “outperform” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.